MANATEE -- Rectrix Commercial Aviation Services, which operates Rectrix Aviation at Sarasota-Bradenton International Airport, has acquired AirFlyte Inc. of Westfield, Mass., the company announced Tuesday.
Terms of the purchase were not disclosed.
AirFlyte is an executive terminal fixed base operator.
"We're pleased to welcome AirFlyte's employees into the Rectrix family," said Thomas J. Russell, executive chairman of Rectrix Commercial Aviation Services. "The substantial reputation enjoyed by AirFlyte is consistent with our company's mission of offering high quality services to all aviation segments in which we operate. Further, this acquisition represents a strategic link in the East Coast expansion of RECAS."
AirFlyte founder Gary Potts will remain as president of AirFlyte.
"An important factor in our decision to make this acquisition was the agreement of Gary to stay on as president of AirFlyte, thus assuring a seamless continuity of business," said Richard A. Cawley, president and CEO of Retrix. "By joining Rectrix, AirFlyte now has access to resources that will allow it to expand the quality services for which the company is known. A number of satellite operations are already in the planning stages, and will be implemented once the appropriate authorizations are received."
AirFlyte provides maintenance for most corporate jet aircraft within its 43,000-square foot-facility at Westfield's Barnes Regional Airport. Rectrix Commercial Aviation Services is a holding company with four operating divisions including Rectrix Aviation; Rectrix FBO JetCenters, Rectrix Aircraft Maintenance and Rectrix Business Solutions.
Radiant Power moving some work to Manatee
Radiant Power Corp., a HEICO company, plans to integrate its Dukane Seacom business from St. Charles, Ill., into the Radiant Power Corp.'s headquarters near the Sarasota Bradenton International Airport.
Dukane Seacom is the world's leading supplier of underwater acoustic locator beacons for the aviation and marine markets. HEICO acquired Dukane Seacom in 2009. The current Radiant Power facility has adequate manufacturing and engineering space available to house the Dukane Seacom product lines, but an expansion will be needed to accommodate testing requirements for ultrasonic locator beacons, according to a press release. The expansion, move and integration is expected to be be complete before the end of 2013.
Some of Dukane Seacom's 34 employees will join Radiant in Manatee County, the release stated.
In August, Radiant announced it was expanding the Manatee County plant and adding 26 jobs during the next five years to accommodate growth with the company's air
craft power distribution products, the Herald reported.
SpringHill Suites to hold grand re-opening
MANATEE -- After more than six months of renovation, the SpringHill Suites by Marriott/Sarasota-Bradenton Airport is planning to hold a grand re-opening celebration Jan. 24.
"The Art of SpringHill" will showcase newly renovated rooms and public space between 4-7 p.m., highlighting each of the design elements museum-style, curated by local artist, Pamela Callender.
The hotel is at 1020 University Parkway. RSVPs for this event can be made by calling the hotel directly at 941-358-3385.
"We are pleased to reintroduce our hotel to the community," said Bob Weiser, regional director of operations, Great American Hotel Group.
Sarasota building sells for $1.2 million with vacant lot
SARASOTA -- BCT Enterprises, Inc. has purchased a 20,000-square-foot building at 1905 72nd Drive E. in Sarasota from 1905 72nd, LLC.
Half of the structure is leased to QCMS, Inc. The balance of the building will be occupied by the buyer's business. The property along with a vacant lot next door sold for $1.25 million.